CDF,on behalf of CDIB, Announced that the Board approved to issue 2014 Unsecured General Financial Debentures Denominated in USD.

2014-11-10
Announcements

Date of announcement  2014/11/10
Time of announcement  20:05:49 
 
Date of events  2014/11/10
To which item it meets article 2 paragraph 11
Statement 
1.Date of the board of directors resolution:2014/11/10
2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】:
China Development Industrial Bank 2014 Unsecured General
Financial Debentures denominated in USD.
3.Total amount of the issue: Up to USD1,000,000,000.
4.Face value:will be finalized depending on market status
5.Issue price:Issue price will be at 100% face value.
6.Issue period:From 15 years(included) to 30 years
(included) from issue date.
7.Issue coupon/interest rate:Subject to market status in
interest rate at the time of issue.
8.Types, names, monetary amounts of security or collateral and stipulations
  thereupon: None
9.Use of the funds raised by the offering and utilization plan:
to improve short-and long-term funding structure for loan
business in foreign currency, and to support the growth of
CDIB’s financial business, and to enhance CDIB liquidity
10.Underwriting method:To be determined.
11.Trustees for the bonds:None
12.Underwriter or distributing agent institution:
 To be determined.
13.Guarantor(s) for the issue:None
14.Institution serving as agent for payment of the principal and interest:
To be determined.
15.Certifying institution:None
16.Where convertible into shares, the rules for conversion:NA
17.Resale conditions:None
18.Repurchase conditions:CDIB reserves the right to prescribe
 the redemption date and associated conditions 2 years after
 the issue date.
19.The record date for share conversion, if conversion, exchange, or
   subscription rights are attached:NA
20.Possible dilution of equity, if conversion, exchange, or subscription
   rights are attached:NA
21.Any other matters that need to be specified:
(1)CDIB may issue the financial debentures in installments
 to meet its financial needs in the one-year period after
Financial Supervisory Commission, R.O.C. approves the
financial debentures proposal.
(2) For the purposes of the holding company’s (CDF’s)
 plan for the corporate reorganization with respect to
CDIB and Cosmos Bank, if CDIB’s business, such as
corporate finance and financial transactions are to be
transferred to Cosmos Bank, the Unsecured General
Financial Debentures issued shall also be transferred
to Cosmos Bank.